These big hedge-funders are also losing big

If you're having a rough time making money in the 2014 market, don't feel bad. You've got some pretty lofty company.

Big-name hedge fund chiefs such as Paul Tudor Jones, Alan Howard and Kyle Bass have gotten burned due to wrong-way bets on everything from Japanese stocks to U.S. government bonds, according to a Wall Street Journal report.

Low volatility, thanks to ultra-easy Federal Reserve monetary policy, gets much of the blame for the poor performance.

Louis Bacon's Moore Capital Management is off 5 percent for the year, Jones' Tudor Investment is down 4.4 percent, and Bass' Hayman Capital Management fell more than 6 percent in the first quarter alone, according to the Journal. By contrast, the S&P 500 (^GSPC) stock index has gained 4.4 percent.